Security & Safety Products & Services

Armored Transport Services: Market Size, Growth & Forecast to 2030

The Armored Transport Services market is valued at about $7.73 billion (2026) and is projected to grow at a 4.9% CAGR through 2030. The largest cost driver is Labor and security personnel (45% of spend). North America leads demand at 40%.

Market size
$7.73 bn (2026)
CAGR to 2030
+4.9%
Buyer power
Favours buyers
Tracked suppliers
35
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 4.9% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 127

Cost structure

Labor and security personnel
45%
Fuel and fleet operations
25%
Armored vehicle manufacturing and steel framing
15%
Insurance and liability coverage
10%
Tires and vehicle maintenance
5%

Regional demand split

North America demand
40%
Europe demand
25%
Asia Pacific demand
20%
Latin America demand
10%
Rest of world demand
5%

Key suppliers

Brink's CompanyLoomis (Loomis Armored US / Loomis AB)GardaWorld (Garda World Security Corp)G4Sindustry sources UniversalAxiomDunbar Armored
Read the full Armored Transport Services report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/armored-transport-services